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Stock Yards Bancorp (Stock Yards Bancorp) PB Ratio : 1.64 (As of Apr. 25, 2024)


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What is Stock Yards Bancorp PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-25), Stock Yards Bancorp's share price is $48.11. Stock Yards Bancorp's Book Value per Share for the quarter that ended in Dec. 2023 was $29.26. Hence, Stock Yards Bancorp's PB Ratio of today is 1.64.

The historical rank and industry rank for Stock Yards Bancorp's PB Ratio or its related term are showing as below:

SYBT' s PB Ratio Range Over the Past 10 Years
Min: 1.4   Med: 2.1   Max: 3.4
Current: 1.64

During the past 13 years, Stock Yards Bancorp's highest PB Ratio was 3.40. The lowest was 1.40. And the median was 2.10.

SYBT's PB Ratio is ranked worse than
85.68% of 1459 companies
in the Banks industry
Industry Median: 0.85 vs SYBT: 1.64

During the past 12 months, Stock Yards Bancorp's average Book Value Per Share Growth Rate was 12.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 10.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Stock Yards Bancorp was 19.20% per year. The lowest was 5.30% per year. And the median was 9.50% per year.

Back to Basics: PB Ratio


Stock Yards Bancorp PB Ratio Historical Data

The historical data trend for Stock Yards Bancorp's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Stock Yards Bancorp PB Ratio Chart

Stock Yards Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.28 2.08 2.51 2.50 1.76

Stock Yards Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.50 2.04 1.65 1.43 1.76

Competitive Comparison of Stock Yards Bancorp's PB Ratio

For the Banks - Regional subindustry, Stock Yards Bancorp's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stock Yards Bancorp's PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Stock Yards Bancorp's PB Ratio distribution charts can be found below:

* The bar in red indicates where Stock Yards Bancorp's PB Ratio falls into.



Stock Yards Bancorp PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Stock Yards Bancorp's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=48.11/29.258
=1.64

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Stock Yards Bancorp  (NAS:SYBT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Stock Yards Bancorp PB Ratio Related Terms

Thank you for viewing the detailed overview of Stock Yards Bancorp's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Stock Yards Bancorp (Stock Yards Bancorp) Business Description

Traded in Other Exchanges
Address
1040 East Main Street, Louisville, KY, USA, 40206
Stock Yards Bancorp Inc operates as a bank. The bank has two reportable operating segments namely Commercial Banking and Wealth management and trust. Its services include loan and deposit services, cash management services, securities brokerage activities, mortgage origination, and others. It generates a majority of its revenue from the Commercial Banking segment.
Executives
Kathy C Thompson director, officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890
Allison Donovan director PO BOX 32890, LOUISVILLE KY 40232
James A Hillebrand officer: Executive Vice President 13308 LONGWOOD LANE, GOSHEN KY 40026
David P Heintzman director, officer: President PO BOX 32890, LOUISVILLE KY 40232-2890
Shannon Bishop Arvin director PO BOX 157, PARIS KY 40362-0157
Richard A Lechleiter director PO BOX 32890, LOUISVILLE KY 40232-2890
John Schutte director 9707 SHELBYVILLE ROAD, LOUISVILLE KY 40233
Carl G Herde director 8210 LIMEHOUSE LANE, LOUISVILLE KY 40220
Michael Croce officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890
Michael Rehm officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232
Philip Poindexter officer: Executive Vice President 320 MOCKINGBIRD HILL ROAD, LOUISVILLE KY 40207
Laura L Wells director PO BOX 32890, LOUISVILLE KY 40232
Bickel Paul J Iii director PO BOX 32890, LOUISVILLE KY 40232
Stephen M Priebe director PO BOX 32890, LOUISVILLE KY 40232-2890
William Dishman officer: Executive Vice President PO BOX 32890, LOUISVILLE KY 40232-2890